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Bernstein: Westlake 'One Of The Best' Plays On Chinese Pollution Crackdown
Thursday, June 21, 2018 - 11:09am | 374Petrochemical producer Westlake Chemical Corporation (NYSE: WLK) has multiple tailwinds ahead that could generate upside potential of 40 percent for investors, according to Bernstein. The Analyst Bernstein's Jonas Oxgaard initiated coverage of Westlake with an Outperform rating and $150...
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A 'Compelling Buying Opportunity' In The Kraton Corp. Sell-Off
Thursday, February 22, 2018 - 2:44pm | 335Kraton Corp (NYSE: KRA) reported fourth-quarter results Tuesday that sent shares tumbling lower by 15 percent the next day — creating a "compelling buying opportunity," according to Loop Capital Markets. The Analyst Loop Capital Markets' Chris Kapsch maintains a Buy...
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A Look Ahead At DowDuPont's Catalysts Over The Next Year; Analyst Initiates At Buy
Monday, September 11, 2017 - 11:06am | 359Bank of America's Steve Byrne initiates coverage of DowDuPont Inc (NYSE: DWDP) with a Buy rating and $78 price target amid multiple catalysts for the next 12 to 18 months. DowDuPont will be releasing its pro forma financials by Nov. 15 and this will help investors in better understanding the...
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Look For PPG Industries To Benefit As Europe Economy Improves
Wednesday, July 5, 2017 - 12:10pm | 332PPG Industries, Inc. (NYSE: PPG) boasts an impressive scale, product diversity and geographic mix which sets the specialty chemical company apart from its peers, according to analysts at Argus. Argus' Bill Selesky upgraded PPG's stock from Hold to Buy with a newly established price target...
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GEVO Shares Plunge 36% Following Price Offering, Q4 Results
Tuesday, March 29, 2016 - 11:52am | 316Shares of GEVO, Inc. (NASDAQ: GEVO), a nano-cap renewable chemicals and bio-fuels company, plunged more than 36 percent on Tuesday and hit a new 52-week low of $0.26 following the release of its fourth quarter results. Gevo reported it had lost $0.44 per share in the fourth quarter on revenue...
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Axiall Says Westlake's Takeover Proposal Is 'An Opportunistic Attempt To Take Advantage OF Challenging Public Equity Market Conditions'
Wednesday, February 17, 2016 - 9:53am | 301Westlake Chemical Corporation (NYSE: WLK) announced on Tuesday it plans on nominating a slate of 10 independent individuals to Axiall Corp (NYSE: AXLL)'s Board of Directors. Westlake has offered to acquire Axiall in a deal that values its stock at $20 per share. Axiall responded to...
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Dow Chemical Jumps 3% Following Q4 Report
Tuesday, February 2, 2016 - 8:42am | 260Shares of Dow Chemical Co (NYSE: DOW) gained more than 3 percent early Tuesday morning after the company reported its fourth quarter results. Dow Chemical earned $0.93 per share in the fourth quarter on revenue of $11.4 billion. Wall Street analysts were expecting the company to earn $0.70 per...
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FT: ChemChina Closing In On Higher Bid For Syngenta
Monday, January 25, 2016 - 10:49am | 234The Financial Times reported on Monday that China's largest chemicals company, ChemChina, is said to be "closing in on a higher offer" to acquire the Switzerland-based Syngenta AG (ADR) (NYSE: SYT). The publication noted that a fresh acquisition offer is merely part of the Chinese...